‘Today is your last working day…’: Oracle cuts jobs globally, thousands laid off in latest cost cutting move
Oracle reportedly began laying off employees as part of a cost-cutting effort, and employees received notices of their layoffs early Tuesday. Business Insider.
“After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change,” the notice sent to affected employees said in the report. “As a result, today is your last day of work,” he said.
The software maker’s layoffs appear to have affected employees in many regions around the world; However, the full extent of the cuts is not yet clear.
How many people were laid off?
The layoffs were among thousands mentioned in a report by CNBC, citing two people familiar with the matter.
The latest 10-K filing shows Oracle employed 162,000 people as of May 2025.
Details of severance package and termination documents were given
In the email, affected employees were told that after completing termination paperwork, they would be eligible to receive a severance package in accordance with company policy. More details, including severance conditions and termination date, will be shared on official email accounts via DocuSign, he said.
Employees were also asked to provide a personal email address so that they could receive separation-related documents at the earliest; This was a warning that their access to company systems would soon be revoked.
“Once you sign your termination paperwork, you will be eligible to receive a severance package, subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details regarding your separation and termination date,” the email said. Business Insider report.
Earlier this month, Oracle reportedly notified staff internally that it would reconsider most job openings in its cloud division, effectively slowing or temporarily halting new hires.
Oracle invests heavily in artificial intelligence
According to a Bloomberg The Larry Ellison-led software maker is starting a historic rollout of data centers aimed at powering AI workloads for major customers like Sam Altman-led OpenAI, a report released earlier this month revealed.
Oracle has long been known for its database products, but in recent years it has been shifting its strategy to grow its cloud computing business with a strong focus on artificial intelligence. Through these efforts, Oracle aims to position itself as a viable competitor against market leaders such as Amazon and Microsoft.
